HeartCore's Go IPO Client, rYojbaba Co., Ltd., Begins Trading on the Nasdaq Stock Market

NEW YORK and TOKYO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (NASDAQ:HTCR) ("HeartCore" or the "Company"), a leading enterprise software and consulting services company based in Tokyo, announced its Go IPO client, rYojbaba Co., Ltd. ("rYojbaba"), has successfully commenced trading under the symbol "RYOJ" on the Nasdaq Capital Market. HeartCore was compensated through an aggregate $500,000 in initial fees and warrants to acquire 3% of rYojbaba's common stock, on a fully diluted basis, which total up to approximately $1.35 million as of August 14, 2025.

Pursuant to the initial agreement, the Company assisted rYojbaba throughout the listing process, including the audit and legal firm hiring process, translating requested documents into English, assisting in the preparation of documentation for internal controls required for an initial public offering, providing general support services, assisting in the preparation of the F-1 filing, and more.

"I am pleased to announce the successful listing of our client, rYojbaba, on the Nasdaq Capital Market," said HeartCore CEO Sumitaka Kanno. "This milestone not only represents a major achievement for our client but also is an encouraging sign for broader IPO activity, particularly within the micro- and small-cap realm. So far this year, we've signed two new Go IPO ...